Cryptocurrency Markets and On-Chain Ecosystem Developments

According to CryptoQuant analyst Darkfost, on July 2, Binance retail bitcoin inflows have fallen to a monthly average of 329 BTC per day, marking a historic low. This compares to a peak of 2,690 BTC daily during the 2021 cycle and 3,700 BTC in 2018. The decline signals a structural shift in the mar

BTC-0.15%

GateNews·07-02 06:53

Binance Retail Bitcoin Inflows Hit Record Low of 329 BTC Per Day

Upbit's 24-Hour Trading Volume Tops $883M, BTC, TAIKO, SLX Lead Rankings

According to CoinGecko, Upbit's 24-hour trading volume reached $883 million as of July 2, with the top five traded assets as follows: BTC dominated at 9.31% of volume ($82 million), followed by TAIKO at 8.58% ($76 million) and SLX/Solstice at 6.62% ($59 million). USDT accounted for 6.50% ($57 millio

BTC-0.15%

TAIKO2.11%

SLX1.84%

XRP-0.40%

GateNews·07-02 06:46

Upbit's 24-Hour Trading Volume Tops $883M, BTC, TAIKO, SLX Lead Rankings

Bitcoin Perpetual Open Interest Grows 5.33% in 24 Hours to $46.7B

Derivatives Data

According to Coinglass data cited by ChainCatcher, Bitcoin perpetual contract open interest rose 5.33% over the past 24 hours to $46.746 billion. Binance accounts for $8.633 billion, OKX $2.483 billion, Bybit $4.043 billion, and Gate $3.853 billion of the total open interest.

BTC-0.16%

GateNews·07-02 06:45

Bitcoin Perpetual Open Interest Grows 5.33% in 24 Hours to $46.7B

UK Bill Caps Crypto Billionaire Harborne's Reform UK Donations at $132,000

Regulation & Policy

Thailand-based crypto billionaire Christopher Harborne faces a legislative block on his $19.8 million funding stream to Nigel Farage's Reform UK party, as the UK's new Representation of the People Bill imposes a strict $132,000 annual cap on overseas donors and bans all cryptocurrency donations.

EthanBrooks·07-02 06:43

UK Bill Caps Crypto Billionaire Harborne's Reform UK Donations at $132,000

Metaplanet Increases Bitcoin Holdings by 2,823 BTC to 43,000 Total

According to ChainCatcher, Japanese-listed company Metaplanet disclosed an increase of 2,823 BTC, bringing its total Bitcoin holdings to 43,000 BTC.

BTC-0.15%

GateNews·07-02 06:43

Metaplanet Increases Bitcoin Holdings by 2,823 BTC to 43,000 Total

UK Legislation Imposes $132,000 Donation Cap on Overseas Crypto Investors Supporting Reform UK

Regulation & Policy

According to the Guardian, the UK's new legislation bans all cryptocurrency donations to political parties and enforces a $132,000 annual cap on offshore British donors, effective immediately. The rules force Thailand-based crypto billionaire Christopher Harborne to face a financial squeeze on his

GateNews·07-02 06:42

UK Legislation Imposes $132,000 Donation Cap on Overseas Crypto Investors Supporting Reform UK

River Launches Sixth Season Points Campaign, July 1–September 30

Token Events

According to Foresight News, River, a chain abstraction stablecoin system, launched its sixth season points campaign on July 1, running through September 30. Users earn points by using new products as River expands to emerging markets, staking RIVER tokens (which also grants voting rights), or

GateNews·07-02 06:41

River Launches Sixth Season Points Campaign, July 1–September 30

DYDX Falls Over 40% in 24 Hours, Trading at $0.13

According to Bitget, DYDX dropped over 40% in the past 24 hours, currently trading at $0.13 USDT.

DYDX-4.02%

GateNews·07-02 06:41

DYDX Falls Over 40% in 24 Hours, Trading at $0.13

American Bitcoin Stocks Hit Record Low, Announces 1-for-15 Reverse Split

American Bitcoin, the Trump family-backed crypto mining company, saw its shares fall to a record low on Wednesday after announcing a 1-for-15 reverse stock split. The reverse split takes effect after Thursday's market close, with trading on a split-adjusted basis scheduled to begin when markets

NDAQ0.65%

HUT-3.84%

LucasBennett·07-02 06:34

American Bitcoin Stocks Hit Record Low, Announces 1-for-15 Reverse Split

XRP Spot ETFs Record $62M Inflows in June, Cumulative Net Inflows Hit $1.48B

According to ChainCatcher, XRP spot ETFs recorded inflows exceeding $62 million in June, bringing cumulative net inflows to approximately $1.48 billion. Traders are monitoring key resistance levels at $1.0565–$1.0595

XRP-0.40%

GateNews·07-02 06:27

XRP Spot ETFs Record $62M Inflows in June, Cumulative Net Inflows Hit $1.48B

Bitcoin Long-Term Holders Shift to Net Accumulation, Adding 50K-100K BTC in 30 Days

According to Glassnode data cited by CoinDesk, Bitcoin long-term holders have shifted to net accumulation as of July 2, with 30-day net position changes turning positive and total accumulation ranging between 50,000 and 100,000 BTC. Across wallet size segments, smaller holders below 1 BTC and mid-s

BTC-0.15%

GateNews·07-02 06:23

Bitcoin Long-Term Holders Shift to Net Accumulation, Adding 50K-100K BTC in 30 Days

dYdX Rebrands to Arcus, Partners With Robinhood to Launch New DEX on Jul 2

Partnerships & Ecosystem

On Jul 2, 2026, crypto protocol dYdX rebranded as Arcus and partnered with Robinhood to launch a new DEX on Robinhood's blockchain. The platform will offer perpetual futures and tokenized stock trading.

DYDX-3.83%

HOOD-3.38%

GateNews·07-02 06:19

dYdX Rebrands to Arcus, Partners With Robinhood to Launch New DEX on Jul 2

Bitcoin Spot ETFs See $295M Outflow on July 1, Marking 10th Consecutive Day of Net Outflows

According to ChainCatcher, citing SoSoValue data, bitcoin spot ETFs recorded net outflows of $295 million yesterday (July 1), extending a streak of 10 consecutive days of net outflows. Blackrock's IBIT led the decline with a single-day outflow of $219 million, though the fund maintains historical cu

BTC-0.15%

GateNews·07-02 06:15

Bitcoin Spot ETFs See $295M Outflow on July 1, Marking 10th Consecutive Day of Net Outflows

Ethereum Spot ETFs Turn to Inflows of $14.894M After 9 Days of Outflows

According to ChainCatcher citing SoSoValue data, Ethereum spot ETFs achieved net inflows of $14.894 million on July 1 (US Eastern Time) after nine consecutive days of outflows. BlackRock's ETHA ETF led with single-day inflows of $36.6392 million, while Grayscale's ETH mini trust saw outflows of $18.

ETH0.61%

GateNews·07-02 06:13

Ethereum Spot ETFs Turn to Inflows of $14.894M After 9 Days of Outflows

Bitcoin ETFs Record US$4.5 Billion June Outflow, Largest Since Launch

US spot Bitcoin exchange-traded funds recorded a net outflow of US$4.5 billion in June, the largest monthly withdrawal since their launch in January 2024. The sustained selling pushed total net outflows for 2026 to approximately US$5.5 billion, reducing cumulative net inflows since inception to

BTC-0.15%

CryptoFrontier·07-02 06:13

Bitcoin ETFs Record US$4.5 Billion June Outflow, Largest Since Launch

Bitcoin ETFs See Record $4.5B Outflows in June, Biggest Monthly Withdrawal Since January 2024

On-chain data shows US spot Bitcoin exchange-traded funds experienced a record $4.5 billion in net outflows during June, marking the largest monthly withdrawal since their launch in January 2024. The sustained selling pushed 2026 total net outflows to approximately $5.5 billion, though cumulative ne

BTC-0.15%

BLK1.57%

GateNews·07-02 06:12

Bitcoin ETFs See Record $4.5B Outflows in June, Biggest Monthly Withdrawal Since January 2024

Kalshi and Polymarket June Trading Volume Surges 75% to $44.8 Billion as World Cup Drives Betting

Prediction Market

According to The Block, prediction market platforms Kalshi and Polymarket combined achieved $44.8 billion in June trading volume, up 75% month-over-month from $25.66 billion in May. Kalshi led the surge with $31.5 billion in June transactions, a 87.4% increase; Polymarket's main platform

KALSHI1.01%

POLYMARKET1.70%

GateNews·07-02 06:06

Kalshi and Polymarket June Trading Volume Surges 75% to $44.8 Billion as World Cup Drives Betting

FET Faces a Critical Test: Can Buyers Reclaim This Key Support Level?

Market Analysis

AI Tokens

Price Prediction

FET remains the $0.184 resistance, keeping sellers in short-term control. Buyers need confirmed support to validate a genuine trend reversal. Successful confirmation could drive FET toward higher price targets. Artificial Intelligence — FET, has reached a price zone that could shape the

FET-0.12%

CryptoNewsLand·07-02 06:01

FET Faces a Critical Test: Can Buyers Reclaim This Key Support Level?

South China 2x Long Samsung Electronics Falls Over 25% This Afternoon

According to Gate data, South China 2x Long Samsung Electronics (07747.HK) fell over 25% this afternoon on July 2.

SAMSUNG1.41%

GateNews·07-02 06:00

South China 2x Long Samsung Electronics Falls Over 25% This Afternoon

SK Hynix Falls 9.73% Intraday on July 2; Leveraged ETF Plunges 24%